Jo-Jo Reyes Released; Signs In Korea

WEDNESDAY, 8:49pm: Reyes and his representatives are still negotiating with SK Wyverns and the Angels are still negotiating the compensation they will receive for releasing the southpaw, MLB.com's Alden Gonzalez reports (Twitter link). The transaction is expected to be finalized by tomorrow.

11:33am: The Angels are giving left-hander Jo-Jo Reyes his unconditional release to allow him to sign with the SK Wyverns of the Korean League, a source tells Ken Rosenthal of FOX Sports (on Twitter). The Paragon Sports International client signed a minor league deal with a big league spring training invite in November.

This isn't the first time Reyes has drawn interest from Korea as he fielded interest from the KBO around this time last year before hooking on with the Pirates. The 28-year-old posted a 2.67 ERA with 7.2 K/9 and 2.2 BB/9 in nine starts and eight Triple-A relief appearances last season. Despite strong numbers in the minors over the years, Reyes has a career 6.05 ERA with 5.8 K/9 and 3.9 BB/9 in the majors.